36 Cormorant Drive

    36, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This terraced leasehold property on Cormorant Drive last sold in July 2010 for £112,000. Based on price growth in the NE11 district since then, its estimated current value is £184,930 — placing it in the 21st percentile nationally and the 63rd percentile within NE11. The property covers 56 m² (603 sq ft), giving an estimated value of £3,302 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £112,000

    Jul 2010

    Estimated Valuation

    £184,930

    Est. £/sq ft

    £307/sq ft

    £3,302/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Jul 2010

    £112,000

    28 Mar 2002

    New build

    £66,500

    Key Metrics

    Estimated valuation£184,930
    Value per sq ft / m²£307/sq ft (£3,302/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile63rd percentile
    National percentile21st percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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